topic Re: AMEX Approval Odds? in Credit Card Applications

AMEX Approval Odds?

Anonymous — Fri, 22 May 2015 19:48:09 GMT

I've been building my credit up I app'd and got approved for a $1200 Freedom card, $800 Discover, and $500 Barclays just this month. Im itching to join the Amex family but will wait if my odds dont look good or if its just not strategic at this point with 3 new apps just this month. I want a card that gives air miles so I was looking at the Amex Delta and maybe apping for something like the ED or BCE along with that. My current scores are EQ 626 TU 658 EX 643. What does everyone think?

My AAoA is 1 year

Util is less than 10%

My other TL's are a $300 Secured wells faro and a $300 secured Cap 1 card

Re: AMEX Approval Odds?

FocusedAndDetermined — Fri, 22 May 2015 19:41:29 GMT

Really need more info to answer question, e.g. AAoA, util, other TLs, etc. But based on the info you provided, I would suggest waiting 6 mos., and making good, responsible use of your new accts.

Re: AMEX Approval Odds?

Anonymous — Fri, 22 May 2015 19:48:24 GMT

I just updated it

Re: AMEX Approval Odds?

FocusedAndDetermined — Fri, 22 May 2015 20:19:32 GMT

Others may advise otherwise, but I stand by my wait 6mos opinion. Your AAoA will drop when new acct report. Let the inqs and new accts age a bit and see where your scores are in late Nov/early Dec.

Re: AMEX Approval Odds?

Anonymous — Fri, 22 May 2015 20:38:07 GMT

I will take your advice and wait the 6 months. I believe it is the best. Thank you!

Re: AMEX Approval Odds?

Anonymous — Fri, 22 May 2015 22:03:53 GMT

Your file is too weak and your limits are too low. I also say wait 6 months and see where you are.